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Private Lender Money in Milton

Securing Loans with Private Lenders

In Milton, Ontario, Canada as well as many other places, borrowers have found it difficult to secure loans with institutional money lenders such as banks. This is, more often than not, a result of the stringent requirements imposed by the lenders on borrowers. Such lenders often include banks and large financial institutions, and they tend want to thoroughly evaluate a borrower’s credit history, their debt status and their current financial status before approving a loan. It, therefore, does not come as a surprise that a lot of people fail to meet those high standards set by the lenders. As a result, this has given rise to private money lenders who make their own funds available to home owners to meet the needs of borrowers who don’t qualify for conventional loans. This has made private mortgages very popular.

Advantages of Using Private Lender Money in Milton

Applying for and obtaining a mortgage loan from a private money lender has several advantages. They are outlined below

  • Debt Consolidation  
  • First of all, you can consolidate debt with a mortgage from a private money lender. For instance, suppose you have several different loans and bills that you are servicing such as; student loans, mortgage loans and hospital bills, paying all these off one by one can be a very difficult task. With time, you may find that while one or two loan repayments are active or performing, one may be falling behind. Getting one loan to pay off all of these smaller loans can be a great idea.This is because now you – the borrower – will only have to deal with one monthly loan repayment.
  • Better Interest Rates 
  • In some cases, you may find that the interest rates for your other loans or debts such as a credit cards, unsecured loans and lines of credit may be high. To save yourself some money on interest, you could look into getting and negotiating a better interest rate with a private money lender. Once suitable terms have been set, you can pay off your home mortgage loan from a private money lender. All you will have to do is to pay back the new lender at the agreed upon rates .
  • Easy Access to Loans 
  • Unlike the conventional lenders such as banks and large financial institutions, private money lender often tends to focus less on your credit scores, history and ratings. This makes it easier for people with poor credit scores or past bankruptcy issues to access loans easily.
  • Faster Process of Closing
    Private loans can take anywhere from 7 to 10 days to close depending on the lender. Now, this is a much shorter period compared to obtaining loans from the conventional lenders that would take anywhere from 15 to 90 days. This is to be expected because as discussed earlier, the conventional mortgage lenders will want to thoroughly assess and examine your credit history as well as your financial status. Often the reason why these institutional lenders will not approve you is because of inadequate income or credit.

Call Expert Mortgage today to started on securing a loan with private lender money in Milton as soon as possible.

WHAT PEOPLE ARE SAYING…

  • “Rent-to-own made possible”
    We would like to thank Matthew and his team. We put a lot of money down on a Rent to Own property that we were renting, but we could not get anyone to help us out till we found Mathew. He made it happen and closed on time when know no one else could. From all of us here THANK YOU! We now own our own house!

    C.T., HAMILTON, ON
  • “Best Mortgage Team I've worked with”
    Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in YOUR favor. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    M.Z. BRANTFORD, ON
  • “No hesitation recommending”
    Matthew’s knowledge, experience and above and beyond work ethic sets an exemplary standard of professionalism and accountability. His integrity and drive is second to none… He truly is a miracle worker!! I have no hesitation in recommending his services to anyone seeking expert assistance. I’m beyond grateful and blessed!!

    M.D., BINBROOK, ON
  • “A tough deal that others could not do!”
    Access mortgage did a great job in getting us a mortgage. It was a tough deal and they were able to get it done when others couldn’t. I would not hesitate to use them again.

    BEA - CAMBRIDGE, ON
  • “Seamless from beginning to end!”
    I just want to say 'thank you' to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now it has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.

    JULIE - HAMILTON, ON
  • “From full of stress to stress-free”
    I just want to say ‘thank you’ to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now Access Mortgage has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.

    M.D., MISSISSAUGA, ON
  • “Patient with deep understanding”
    Thank you for all the help that you gave me, most patiently and with deep understanding. I was very comfortable asking you everything and anything. Your team did great job in making me understand the financial side. I have learnt a lot. Thanks to Matthew for taking time to come to my place. He not only did his work, but for a short time, took me back to most nostalgic memories of my life, before I came to Canada. I am also grateful to the lawyer for coming to my place to meet with me, and quickly closing the mortgage and releasing the funds.

    S.S., MISSISSAUGA, ON
  • “Got creditors off our back”
    I can’t say enough how great your company has been. Matthew, thank you so much for making all of this process so easy for us. Our bank would not help us and you were amazing. Your company kept us informed every step of the way, and not once were we made to feel inferior like our bank did. The lawyers you set us up with were also awesome. I will highly recommend your company to anyone looking for mortgages. Thank you so much for getting creditors off our back and setting us on the right track. You guys are all amazing. I’m also so impressed that you came to us do to everything.

    K.K.P., HAMILTON, ON
  • “Best mortgage team I’ve worked with!”
    Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in your favour. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    C.H. - ST. CATHARINES, ON
  • “Extremely Fast!”
    Access Mortgage was extremely fast and explained everything well. We were very happy with their professional service and honesty. I would definitely refer them.

    LISA - BRANTFORD, ON
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